SOIE TOI: what changed
Two financial years side by side, explained: what moved most in the balance sheet and the result, why the result rose or fell, and where the money went.
SOIE TOI
Largest movements
- Cash +€14,144
up €14,144 (+39.1%), from €36,136 to €50,281
mainly Depreciation (+€12,698) and Tax, wage and social debts (+€6,600)
- Intangible fixed assets -€9,539
down €9,539 (-23.5%), from €40,539 to €31,000
- Stocks and contracts +€7,202
up €7,202 (+23.5%), from €30,623 to €37,826
- Tangible fixed assets -€3,974
down €3,974 (-21.6%), from €18,414 to €14,440
of which Furniture and vehicles: -€3,074
- Receivables within one year +€3,209
up €3,209 (+1,094%), from €293 to €3,503
of which Trade receivables: +€1,636
- Tax, wage and social debts +€6,600
up €6,600 (+27.4%), from €24,104 to €30,703
of which Taxes: +€7,756
- Current portion of long-term debt -€6,521
no longer reported in 2026 (was €6,521)
- Short-term financial debts +€3,376
up €3,376 (+27.4%), from €12,299 to €15,675
- Trade debts +€3,050
up €3,050 (+14.5%), from €21,109 to €24,159
- Other debts +€2,578
up €2,578 (+4.1%), from €62,827 to €65,404
- Staff costs +€12,963
up €12,963 (+72.5%), from €17,890 to €30,853
- Financial charges -€3,841
down €3,841 (-51.0%), from €7,537 to €3,696
of which Financial charges: -€2,694
- Other operating charges +€1,981
up €1,981 (+3,415%), from €58 to €2,039
- Gross operating margin -€1,402
down €1,402 (-2.7%), from €52,589 to €51,187
- Depreciation -€756
down €756 (-5.6%), from €13,454 to €12,698
From the 2025 result to the 2026 result
Each bar is the change in one income-statement line, as its effect on the result: higher costs pull it down, higher income lifts it.
Derived cash bridge
Derived from the 2025 and 2026 balance sheets and the 2026 result: not a filed cash-flow statement. It shows where the money came from and went.
Every line side by side
| Line | Code | 2025 | 2026 | Change | % |
|---|---|---|---|---|---|
| Total assets | 20/58 | €126,005 | €137,049 | +€11,044 | +8.8% |
| Fixed assets | 21/28 | €58,952 | €45,440 | -€13,512 | -22.9% |
| Intangible fixed assets | 21 | €40,539 | €31,000 | -€9,539 | -23.5% |
| Tangible fixed assets | 22/27 | €18,414 | €14,440 | -€3,974 | -21.6% |
| Plant, machinery and equipment | 23 | €7,773 | €6,873 | -€900 | -11.6% |
| Furniture and vehicles | 24 | €10,640 | €7,566 | -€3,074 | -28.9% |
| Current assets | 29/58 | €67,053 | €91,609 | +€24,556 | +36.6% |
| Stocks and contracts in progress | 3 | €30,623 | €37,826 | +€7,202 | +23.5% |
| Stocks | 30/36 | €30,623 | €37,826 | +€7,202 | +23.5% |
| Amounts receivable within one year | 40/41 | €293 | €3,503 | +€3,209 | +1,094% |
| Trade receivables | 40 | - | €1,636 | +€1,636 | |
| Other amounts receivable | 41 | €293 | €1,866 | +€1,573 | +536% |
| Cash at bank and in hand | 54/58 | €36,136 | €50,281 | +€14,144 | +39.1% |
| Total equity and liabilities | 10/49 | €126,005 | €137,049 | +€11,044 | +8.8% |
| Equity | 10/15 | -€854 | €1,107 | +€1,961 | |
| Contributions | 10/11 | €15,000 | €15,000 | = | 0.0% |
| Reserves | 13 | €606 | €606 | = | 0.0% |
| Non-distributable reserves | 130/1 | €606 | €606 | = | 0.0% |
| Reserves not available under the articles | 1311 | €606 | €606 | = | 0.0% |
| Profit (loss) carried forward | 14 | -€16,460 | -€14,499 | +€1,961 | +11.9% |
| Amounts payable | 17/49 | €126,859 | €135,942 | +€9,083 | +7.2% |
| Amounts payable within one year | 42/48 | €126,859 | €135,942 | +€9,083 | +7.2% |
| Current portion of amounts payable after more than one year | 42 | €6,521 | - | -€6,521 | |
| Financial debts | 43 | €12,299 | €15,675 | +€3,376 | +27.4% |
| Credit institutions | 430/8 | €12,299 | €15,675 | +€3,376 | +27.4% |
| Trade debts | 44 | €21,109 | €24,159 | +€3,050 | +14.5% |
| Suppliers | 440/4 | €21,109 | €24,159 | +€3,050 | +14.5% |
| Taxes, remuneration and social security | 45 | €24,104 | €30,703 | +€6,600 | +27.4% |
| Taxes | 450/3 | €16,434 | €24,189 | +€7,756 | +47.2% |
| Remuneration and social security | 454/9 | €7,670 | €6,514 | -€1,156 | -15.1% |
| Other amounts payable | 47/48 | €62,827 | €65,404 | +€2,578 | +4.1% |
| Remuneration, social security and pensions | 62 | €17,890 | €30,853 | +€12,963 | +72.5% |
| Depreciation of and write-downs on formation expenses, intangible and tangible fixed assets | 630 | €13,454 | €12,698 | -€756 | -5.6% |
| Other operating charges | 640/8 | €58 | €2,039 | +€1,981 | +3,415% |
| Gross operating margin | 9900 | €52,589 | €51,187 | -€1,402 | -2.7% |
| Operating profit (loss) | 9901 | €21,188 | €5,598 | -€15,589 | -73.6% |
| Financial income | 75/76B | - | €58 | +€58 | |
| Recurring financial income | 75 | - | €58 | +€58 | |
| Financial charges | 65/66B | €7,537 | €3,696 | -€3,841 | -51.0% |
| Recurring financial charges | 65 | €6,389 | €3,696 | -€2,694 | -42.2% |
| Non-recurring financial charges | 66B | €1,148 | - | -€1,148 | |
| Profit (loss) for the period before taxes | 9903 | €13,651 | €1,961 | -€11,690 | -85.6% |
| Profit (loss) for the period | 9904 | €13,651 | €1,961 | -€11,690 | -85.6% |
| Profit (loss) for the period to be appropriated | 9905 | €13,651 | €1,961 | -€11,690 | -85.6% |
Source: filed annual accounts (NBB), financial years ended 31 January 2025 and 31 January 2026. Colour: green is a favourable move for that line, red an unfavourable one. Prepared on 30 October 2026 via checked.be.